PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
GLOF vs. BDVL
Performance
Return for Risk
Drawdowns
Volatility
Dividends

GLOF vs. BDVL

Last updated Jun 4, 2026

GLOF (iShares Global Equity Factor ETF) and BDVL (iShares Disciplined Volatility Equity Active ETF) are both Global Equities funds from iShares - GLOF tracks the STOXX Global Equity Factor Index while BDVL tracks the MSCI ACWI Minimum Volatility Index. Both are passively managed. Their correlation of 0.82 suggests significant overlap in exposure. GLOF charges 0.20%/yr vs 0.40%/yr for BDVL.

Performance

GLOF vs. BDVL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Global Equity Factor ETF (GLOF) and iShares Disciplined Volatility Equity Active ETF (BDVL). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, GLOF achieves a 13.19% return, which is significantly higher than BDVL's 4.71% return.

GLOF

1D
-0.77%
1M
5.15%
YTD
13.19%
6M
14.18%
1Y
30.42%
3Y*
22.67%
5Y*
11.56%
10Y*
12.29%

BDVL

1D
-0.44%
1M
0.91%
YTD
4.71%
6M
5.43%
1Y
—
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

GLOF vs. BDVL - Yearly Performance Comparison

2026 (YTD)2025
GLOF
iShares Global Equity Factor ETF		13.19%3.30%
BDVL
iShares Disciplined Volatility Equity Active ETF		4.71%1.97%

Correlation

The correlation between GLOF and BDVL is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (All Time)
Calculated using the full available price history since Sep 16, 2025

0.83

GLOF vs. BDVL - Sectors Allocation Comparison

Sectors
GLOF
BDVL

Technology

28.8%
23.0%

Financial Services

16.7%
13.9%

Consumer Cyclical

10.7%
8.5%

Industrials

9.3%
15.4%

Communication Services

8.7%
10.7%

Healthcare

8.2%
11.1%

Consumer Defensive

5.7%
6.3%

Energy

4.4%
2.8%

Basic Materials

3.3%
2.6%

Utilities

3.1%
4.8%

Real Estate

1.1%
1.0%

Technology

GLOF
28.8%
BDVL
23.0%

Financial Services

GLOF
16.7%
BDVL
13.9%

Consumer Cyclical

GLOF
10.7%
BDVL
8.5%

Industrials

GLOF
9.3%
BDVL
15.4%

Communication Services

GLOF
8.7%
BDVL
10.7%

Healthcare

GLOF
8.2%
BDVL
11.1%

Consumer Defensive

GLOF
5.7%
BDVL
6.3%

Energy

GLOF
4.4%
BDVL
2.8%

Basic Materials

GLOF
3.3%
BDVL
2.6%

Utilities

GLOF
3.1%
BDVL
4.8%

Real Estate

GLOF
1.1%
BDVL
1.0%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Global Equity Factor ETF

iShares Disciplined Volatility Equity Active ETF

Often compared with GLOF:
GLOF vs. VTGLOF vs. DYNFGLOF vs. IDMOGLOF vs. STLGGLOF vs. RODMGLOF vs. QWLDGLOF vs. VOO
Often compared with BDVL:
BDVL vs. CGGEBDVL vs. VTBDVL vs. DFAWBDVL vs. UFOBDVL vs. AVGVBDVL vs. IVESBDVL vs. PAWZ

Return for Risk

GLOF vs. BDVL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
GLOF
GLOF Risk / Return Rank: 7373
Overall Rank
GLOF Sharpe Ratio Rank: 7474
Sharpe Ratio Rank
GLOF Sortino Ratio Rank: 7575
Sortino Ratio Rank
GLOF Omega Ratio Rank: 7171
Omega Ratio Rank
GLOF Calmar Ratio Rank: 6767
Calmar Ratio Rank
GLOF Martin Ratio Rank: 7777
Martin Ratio Rank
BDVL
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GLOF vs. BDVL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Global Equity Factor ETF (GLOF) and iShares Disciplined Volatility Equity Active ETF (BDVL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

GLOFBDVLDifference
Sharpe ratioReturn per unit of total volatility
2.43

—

—

Sortino ratioReturn per unit of downside risk
3.41

—

—

Omega ratioGain probability vs. loss probability

1.43

—

—

Calmar ratioReturn relative to maximum drawdown

3.38

—

—

Martin ratioReturn relative to average drawdown

15.08

—

—

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GLOF vs. BDVL - Sharpe Ratio Comparison

Loading charts...

Sharpe Ratios by Period

GLOFBDVLDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.43

—

—

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.74

—

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.72

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.60

1.01

-0.42

Drawdowns

GLOF vs. BDVL - Drawdown Comparison

The maximum GLOF drawdown since its inception was -34.12%, which is greater than BDVL's maximum drawdown of -7.71%. Use the drawdown chart below to compare losses from any high point for GLOF and BDVL.

Loading charts...

Drawdown Indicators

GLOFBDVLDifference

Max Drawdown

Largest peak-to-trough decline

-34.12%

-7.71%

-26.41%

Max Drawdown (1Y)

Largest decline over 1 year

-9.05%

—

—

Max Drawdown (3Y)

Largest decline over 3 years

-16.12%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-25.15%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-34.12%

—

—

Current Drawdown

Current decline from peak

-0.77%

-0.95%

+0.18%

Average Drawdown

Average peak-to-trough decline

-6.12%

-1.19%

-4.93%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.02%

—

—

Volatility

GLOF vs. BDVL - Volatility Comparison

Loading charts...

Volatility by Period

GLOFBDVLDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.65%

—

—

Volatility (6M)

Calculated over the trailing 6-month period

10.10%

—

—

Volatility (1Y)

Calculated over the trailing 1-year period

12.57%

9.49%

+3.08%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.69%

9.49%

+6.20%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.17%

9.49%

+7.68%

GLOF vs. BDVL - Expense Ratio Comparison

GLOF has a 0.20% expense ratio, which is lower than BDVL's 0.40% expense ratio.

Dividends

GLOF vs. BDVL - Dividend Comparison

GLOF's dividend yield for the trailing twelve months is around 1.50%, less than BDVL's 2.66% yield.

PositionTTM20252024202320222021202020192018201720162015
BDVL
iShares Disciplined Volatility Equity Active ETF		2.66%2.79%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
GLOF
iShares Global Equity Factor ETF		1.50%1.70%2.59%2.51%2.53%1.90%1.73%2.41%2.03%1.94%1.94%0.92%

Frequently Asked Questions

GLOF and BDVL have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, GLOF is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

GLOF is cheaper with a 0.20% expense ratio, compared with 0.40% for BDVL.

BDVL has the higher dividend yield at 2.66%, compared with 1.50% for GLOF.

GLOF tracks STOXX Global Equity Factor Index, while BDVL tracks MSCI ACWI Minimum Volatility Index. Their fees differ too: 0.20% for GLOF and 0.40% for BDVL.

Portfolio Optimizer

Find the right allocation for GLOF and BDVL

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer